Cathay Lost Millions of Dollars
In Hong Kong Airport Fiasco

Dow Jones Newswires

Updated Dec. 10, 1998 12:01 a.m. ET

HONG KONG -- Cathay Pacific Airways lost about HK$400 million (US$51.6 million) in revenue during July and August from problems associated with the opening of Hong Kong's Chek Lap Kok airport, Chief Operating Officer Philip Chen said.

Three separate inquiries are looking into computer troubles at the time of the airport's July open, which caused...